8-17-26 Record Highs - Should You Chase the Rally

Stocks are back near record highs, the trend remains bullish, and market breadth is strong. But after a powerful run, the S&P 500 is stretched well above its major moving averages, while investor sentiment and money flows have reached extreme levels. Lance Roberts reviews Yen Intervention Narrative amd examines what is driving the rally, why retail investors are piling back into previously beaten-down trades, and whether strong earnings, buybacks, and broad participation can keep markets moving higher. Rebalancing, taking profits in oversized positions, and maintaining discipline may be more important than trying to squeeze every last percentage point out of the rally. 0:00 INTRO 0:54 - 20-Weeks Until Christmas & Pumpkin Spice 2:00 - Target, WalMart, & Retail Spending 6:59 - Markets Post Third Week of Gains 9:54 - Volatility & Risk/Reward 13:07 - Your vs You're & UR 14:45 - Yen Interventions & Dollar Swaps 19:48 - The 2011 Japan Crisis 28:49 - Do You Chase this Rally? 34:04 - Money Flow & Market Breadth 38:54 - What You Should Do Next Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch today's "Before the Bell" premarket commentary, "Is the Market’s Risk-Reward Getting Worse? https://youtu.be/zadlkEF7iN0 -------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/c44_giKICEY?feature=share ------- Articles mentioned in this report: "Yen Intervention Narrative: What’s True And Not" https://realinvestmentadvice.com/resources/blog/yen-intervention-narrative-whats-true-and-not/ "Record Highs: Should You Chase The Rally?" https://realinvestmentadvice.com/resources/blog/record-highs-should-you-chase-the-rally/ "Think Like An Investor, Not A Speculator (Chapter 1 of 5)" https://realinvestmentadvice.com/resources/blog/think-like-an-investor-chapter-1-of-5/ -------- Watch our previous show, "The Retirement Magic Number Trap" https://youtube.com/live/vjIZ60E3B0I?feature=share ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next Dynamic Learning Series, "Savvy Medicare Planning: Everything You Need to Know Before You Enroll," Thursday, August 20, 2026: https://streamyard.com/watch/Qjx33M2tS4i4 --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #Investing #SP500 #MarketOutlook #PortfolioManagement #MarketRally #SP500 #YenIntervention